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on December 1, 2023
The global workforce management market size was USD 7.46 Billion in 2022 and is expected to register a revenue CAGR of 10.1% during the forecast period, according to latest analysis by Emergen Research. Rising demand for workforce optimization and mobile applications is a key factor driving market revenue growth. Workforce management software offers provision of optimized schedule to prevent excessive overtime. In addition, industries employing combination of full-time employees, freelancers, and contract workers across multiple shifts and locations require accurate and efficient payroll management, which is another factor driving demand for workforce management solutions.
As per industry analysts, the Workforce Management industry is currently reeling from the pandemic’s gripping effects, and remarkable changes have been observed in the market dynamics and demand trends over recent months. The financial strains being suffered by each business organization in this industry have significantly slowed down their progress. Additionally, the report assesses the pandemic’s overall impact on the global market growth and involves a future COVID-19 impact assessment to help readers make prudent business decisions.
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Competitive Outlook: The leading companies operating in the Workforce Management market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Top Companies Operating in the Workforce Management Market and Profiled in the Report are:
Oracle, UKG Inc., SAP, Workforce Software, LLC., Workday, Inc., ADP, Inc., Ceridian HCM, Inc., ATOSS Software AG, Paylocity, and Visier, Inc
Objectives of the Report:
Study of the global Workforce Management market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
Industrial structure analysis of the Workforce Management market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape benchmarking
Analysis of Workforce Management market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Workforce Management market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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Segments Covered in this report are:
-
Component Outlook (Revenue, USD Billion; 2019-2030)
- Services
- Software
-
Deployment Outlook (Revenue, USD Billion; 2019-2030)
- On-premise
- Cloud
-
Organization Size Outlook (Revenue, USD Billion; 2019-2030)
- Large enterprises
- Small and Medium Enterprises
Regional Segmentation:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Browse Detailed Research report @https://www.emergenresearch.com/industry-report/workforce-management-market
Thank you for reading our report. For further queries regarding the report or customization options, please connect with us. Our team will ensure you get a report well-suited to your needs.
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About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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